Welcome to the Ruminations of an Aspiring Renaissance ManI hope you enjoy the social commentary and economic interpretation. Any supporting arguments and constructive criticism are welcome. Please take any investment advise to your personal financial professional (even if he seems to be an idiot), before implementing any investment OPINIONS contained within this blog. Just because I'm a well educated financial professional doesn't mean I'll be right. It doesn't mean I'm wrong either though. Live Long and Prosper :)
Atlas: refers to the objectivist opus of Ayn Rand; “Atlas Shrugged”
Renaissance: the revival of learning and culture.
The mission of the blog is to foster critical thinking of current events in the hope of a new Renaissance and an exit from the New Dark Ages of Corporate Kingdoms and Wage Serfs.
Atlas has shrugged but he is just marshaling his resources for a rebirth.
- @20committee Not even close to the full political spectrum, unless you include IC targets as well. 19 hours ago
- @ThomasCDee Screw free agents players, if Phil is booted, how will the @nyknicks ever get another GM or Coach, exce… twitter.com/i/web/status/8… 19 hours ago
- @RadioFreeTom He was just trying to be a brother to him in his time of need. #Omerta 19 hours ago
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- April 1970
Verify THEN Trust
This a response to an OP-ED by Thomas Friedman: Rescue the Rescue
Just like Iraq, Mr. Friedman is forgetting that the people executing a strategy are just as important as the strategy. This is something that Main St. understands very well even if they are unable to articulate their distrust of both the competence and motives of the architects of this “rescue”.
I think everyone can agree that no one is infallible, least of all Congress and Wall St. But the establishment had their chances over the last year and half at ending this crisis and all the people calling for this rescue for Wall Street can’t seem to remember their own calls of success after Bear Sterns, FNMA/FHLMC, Lehman, and AIG. Forgive the public if they are questioning this next attempt.
Perhaps they might gain some credibility were they to add people like Joseph Stiglitz, Nouriel Roubini, Paul Krugman, Warren Buffet, or any CEO/President of a SOLVENT community bank, to the next congressional panel on rescuing Wall Street. For the knowledgeable, the absence of any contrary voices these last two weeks speaks louder then any cries from Paulson and Bernake.
You don’t ask the batter who keeps striking out how to hit a baseball.